Meridian announced today strong results for the second quarter of 2009, with this being the second consecutive quarter of exceptional revenue and earnings. These results will undoubtedly help Meridian and its parent company, Visionary Integration Professionals (VIP), end 2009 with an exceptional three-year compound annual growth rate (CAGR). Between 2008 and 2005, Meridian and VIP posted a CAGR of 72.8 percent.
Meridian's flagship product is the Meridian Global LMS, a learning management system for distributing knowledge and sharpening business skills via the internet.
"During the quarter, we saw an accelerated number of inquiries from very large organizations," said Roy Haythorn, vice president of operations for Meridian. "In the second quarter, the new deals we closed were predominantly made up of companies who have 30,000 or more users."
"We've made steady progress toward the goals we collectively set for ourselves at the end of 2008," added Vince J. Juaristi, executive vice president for Enterprise Solutions and Human Capital Management at VIP. "Those goals include forging additional strategic partnerships and expanding our customer footprint across an array of industries and regions."
Flavanol-rich foods offer vascular protection during extended sitting